Category Archives: Home Improvements

Money Monday: More homebuyers are DIYing than hiring professionals

“Although the majority of homeowners prefer the trusty hands of a professional, data suggests that “do it yourself” remodeling projects are on the rise.

diy home improvement

“In fact, the National Association of Realtors 2019 Remodeling Impact Report indicates that 53% of home projects were completed by a professional, whereas 47% were completed by a homeowner.” (Housing Wire. https://www.housingwire.com/articles/47836-nar-diy-projects-now-competing-with-renovation-professionals. 3 January 2019)

Read more here: NAR: DIY projects now competing with renovation professionals

Money Monday: Paying for surprise repairs

Nearly half of homeowners have had to make (and pay for) an unexpected repair within the first year of owning their home. Do you have money set aside for a repair?

  • 12% had to use savings to pay for the majority of the home repair and/or improvement
  • 13% had to go into debt for the repair or improvement
  • 20% had to make sacrifices in other areas of life in order to pay for them
  • 52% were able to easily pay for the repair or improvement without going into debt, making other sacrifices or using savings

Making and paying for surprise home repairs

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS.

Money Monday: Summertime features raise home prices

Homes with amenities geared toward summer activities hold high buyer appeal.

And in Southern California, it’s a perfect place to have some of these features incorporated into your home. If you’re thinking of selling, it just might help you fetch top dollar for your home!

CALIFORNIA ASSOCIATION OF REALTORS | Summertime house features infographic

This infographic is from CAR.org.

Money Monday: When to DIY or hire a professional

What to spend money on (and what to DIY) as a new homeowner

diy home improvement“After the thrill of buying a new home wears off, new owners can get overwhelmed thinking about all the new costs incurred.

“You may be tempted to outsource it all. But maybe you’re not made of money? Besides, there are things that are worth doing yourself.

“For homeowners embarking on something new, it may not be clear what to take care of or how, and when to try to do it yourself and when to call the pros.” Here are some guidelines from CNN:

What to spend money on (and what to DIY) as a new homeowner.

Money Monday: How Homeowners are Paying for Popular Projects

As a homeowner, you typically want to make the place your own by doing home improvements. But what projects are usually done? And for #MoneyMonday, we’ll look at how it’s paid for.

Projects are typically done on a large scale. Here’s what gets tackled:

  • 43% focus on outdoor projecs
  • 31% are bathroom remodels
  • 28% on the unfortunate home repairs
  • 26% done on kitchen remodels
  • 16% narrow in on the garage
  • 5% are about the pool

And how are they paying for it? A surprising 62% of homeowners tap into their savings! (Way to go, financially savvy owners!) For those who don’t have the cash resources, they turn to the following to cover their house project:

  • 30% use a credit card
  • 13% take out home equity line of credit
  • 10% use a vague “other” method of payment
  • 9% liquidate or pull money from investments
  • 5% use a home improvement loan

As far as what you should focus on if you’re thinking of improving your house for the purpose of putting it on the market? Here’s projects in 2017 that had the best resale ROI.

And call me if you’re selling in the San Diego County! I’d love to have an opportunity to interview for the position of selling your home! John A Silva — 619-890-3648.

This infographic can be found here at CAR.org.

Staying Cool This Summer

It’s only May, and already we’re experiencing too-warm of spring weather in San Diego County! Here’s some tips on how to stay cool this potentially hot summer (and save money and energy!):

BLOCK THE SUN.

If you’re installing new windows, your best defense against sun is heat-reflecting or low-emissivity windows. These windows contain a thin film sealed inside double-pane glass to slow heat absorption in summer and heat loss in winter.

INSTALL FILM ON EXISTING WINDOWS.

One type of film — a window tint — absorbs solar radiation; the other — a reflective film — reflects the sun’s rays and is more transparent than the window tint. Install the type best suited to the climate in which you live. Films are left on windows year-round. Both should last at least 10 years.

INSULATE YOUR ATTIC.

If you live in a climate where summers are hot and winters are mild, also consider installing a radiant barrier — a layer of foil to deflect radiant heat. Radiant barriers, however, do not replace the need for other insulation.

Attach awnings. Buy ready-made fabric or aluminum awnings, or build wood awnings that complement your house. Install awnings on east-, south-, and west-facing windows.

MOUNT OUTSIDE SUNSCREENS.

Block the sun by covering windows that receive direct sunlight with screenings of bamboo, wood, fiberglass, or polypropylene.

HANG LIGHT-COLOR INTERIOR SHADES.

Reflect the sun with shades made with a shiny outer surface. Some fabric shades are backed by light-reflective materials.

INSTALL A WHOLE-HOUSE FAN.

If the humidity in your area isn’t too uncomfortable, mount a whole-house fan in the ceiling just below the attic. These fans draw in cool air through open windows at night and push out hot air through attic vents.

CROSS-VENTILATE.

Exhaust air any time the temperature outside is cooler than it is inside. Make sure air can come in one open window and leave freely through another.

Stay cool!

Projects with the Best Returns in 2017

Resale ROI

House projects have varying degrees of return; here are the top five projects with the greatest ROI, and the top five with the least ROI:

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS.

How to Decide on Paint Colors

What’s in a color?

Paint isn’t just paint; it affects the mood and feeling of the home and room you’re painting. Deciding on the proper color is important, whether staging your home to sell or just giving it a refresher.

what's in a color car.org

This infographic is from CAR.org.